1618 Birmingham BlvdBirminghamMI48009
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Birmingham at 1618 Birmingham Blvd, Birmingham, MI, 48009 listed at $795,000 pairs $4,607/mo rent with a $3,891/mo payment. Total monthly income runs $4,607/mo. Return on cash invested measures 17.14% in year one, and rental yield registers 6.95% at a $795,000 basis. Equity gained on principal adds $5,130/yr, and annual property appreciation at 5% supports $219,644 by year five. Five-year ROI tracks 88.52% and total cumulative return in cash totals $231,538. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,607/mo property income relative to a $3,891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48009, Birmingham, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,431 (100%) |
| Owner Occupied HU | 7,480 (71.7%) |
| Renter Occupied HU | 2,150 (20.6%) |
| Vacant Housing Units | 801 ( 7.7%) |
| Median Home Value | $710,938 |
| Average Home Value | $834,383 |
Housing Distribution
Address Breakdown
Residential
9,856
Single Family
8,145
Multi-Family
1,711
Businesses
1,293
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Listed by: Ken Lee • Selling Michigan Businesses
Mls Name: MichRIC
Mls ID: #25034184